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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Paul A who wrote (20777)5/7/2001 8:41:47 AM
From: DlphcOracl  Read Replies (2) | Respond to of 37746
 
Paul A: I said "I was HOPING" that the NASDAQ hits the 2500-2600 level prior to the Fed meeting. If NASDAQ forcefully breaks the 2250 resistance level, it is not out of the question. However, my point was that I think there will be a "sell the news" reaction to the Fed .50% rate cut; the higher the NASDAQ is at that time, the better and more profitable the short.


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